NOT LISTED FOR SALE

34 Michael Rd Ladera Ranch, CA 92694

Estimated Value: $2,636,277 - $2,782,000

4 Beds
4.5 Baths
3,682 Sq Ft
$735/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $1,575,000 $428 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $16,640/month

6 Days on Market

Highlights

  • Gated with Attendant
  • Private Pool
  • Open Floorplan
  • Oso Grande Elementary School Rated A
  • Primary Bedroom Suite
  • 1-minute walk to Arroyo Park

About This Home

As of February 2021

Experience the Covenant Hills lifestyle to its fullest at this spacious luxury residence on an exceptionally
large and private homesite in Ladera Ranch. A premium setting on a single-loaded cul-de-sac street
complements expansive wraparound grounds that extend over 10,200 s.f., offering ample room for a
saltwater pool and spa, a dining bar, large lawn, long driveway, and an entry courtyard with patio &
fountain. Grand-scale living continues in a two-story floorplan of approx. 3,700 s.f. that presents 4 ensuite
bedrooms and 4.5 baths. The main suite and a guest bedroom are located on the first floor, and 2 second-
level bedrooms are joined by an lrg bonus room w/ surround sound that shares a 2-sided fireplace w/ an adjacent balcony.
Exquisite finishes are on display throughout, including travertine flooring, plantation shutters, custom blinds,
crown molding and custom base molding. Formal rooms are ideal for sophisticated entertaining, and the
casual family room opens to the kitchen and hosts a fireplace, media niche and surround sound. Centered
around a generous island w/ bar seating, the kitchen showcases white cabinetry, granite countertops, an
ice maker, built-in china cabinet, & top stainless steel appliances. Opening to a beautiful patio, the main
suite boasts a walk-in closet, jetted tub & separate shower. The guard-gated enclave of Covenant Hills
affords easy access to Oso Grande Elementary School, shopping centers, recreational attractions, parks & more!

Last Agent to Sell the Property

Timothy Wolter

Ladera Realty License #01384317 Listed on: 01/06/2021

Last Buyer's Agent

Timothy Wolter

Ladera Realty License #01384317 Listed on: 01/06/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,595

Year Built

  • Built in 2006

Lot Details

  • 10,236 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $462 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Hills
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Planned Development
  • Slab Foundation

Interior Spaces

  • 3,682 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Two Way Fireplace
  • See Through Fireplace
  • Plantation Shutters
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Loft
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Ice Maker
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Rain Gutters
  • Wrap Around Porch

Location

  • Property is near a clubhouse
  • Property is near a park

Schools

  • Oso Grande Elementary School
  • Ladera Ranch Middle School
  • San Juan Hills High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 16473
  • Assessor Parcel Number 74151122

Community Details

Overview

  • Larmac Association, Phone Number (949) 218-0900
  • First Service Residential HOA
  • Montanez Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,595

Year Built

Built in 2006

Lot Details

0

HOA Fees

$462 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Gated with Attendant, Gated Community, Gated with Guard
  • Subdivision Name Other: Montanez (MONT)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 74151122
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3682.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Bonus Room, Family Room, Living Room, Outside, See Through, Two Way
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 427.76
  • Room Type: Bonus Room, Family Room, Formal Entry, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Private
  • Window Features: Plantation Shutters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Neighborhood, Park/Greenbelt
  • Patio And Porch Features: Concrete, Enclosed, Patio, Wrap Around
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Ice Maker
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Clubhouse
  • Association Fee: 462.00
  • Association Fee Frequency: Monthly
  • Association Name: LARMAC
  • Phone: 949-218-0900
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: First Service Residential

Schools

  • School District: Capistrano Unified
  • Elementary School: Oso Grande
  • Middle School: Ladera Ranch
  • High School: San Juan Hills
  • Elementary School: Oso Grande
  • High School: San Juan Hills
  • Middle Or Junior School: Ladera Ranch
  • Elementary School #2: OSOGRA
  • High School2: SAJUHI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Close to Clubhouse, Cul-De-Sac, Front Yard, Lot 10000-19999 Sqft, Park Nearby, Sprinkler System, Yard
  • Lot Size Sq Ft: 10236.00
  • Lot Size Acres: 0.2350

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10236.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 320.58
  • Tax Lot: 52
  • Tax Tract Number: 16473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Jan 14, 2021
Sold by
Wilson Geoffrey Joseph and Wilson Maria
Bought by
Bhola Ali and Bhola Rabia
Seller's Agent
Timothy Wolter
Ladera Realty
Buyer's Agent
Timothy Wolter
Ladera Realty
List Price
$1,499,900
Sold Price
$1,575,000
Premium/Discount to List
$75,100
5.01%
Current Estimated Value
$2,707,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,132,069
Avg. Annual Appreciation
10.53%
Original Mortgage
$1,260,000
Outstanding Balance
$1,135,346
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,365,514

Purchase Details

Listed on
Feb 15, 2013
Closed on
May 9, 2013
Sold by
Dysart Russell Cowden and Barker Sharon
Bought by
Wilson Geoffrey Joseph and Wilson Maria
Seller's Agent
Athena Casey
Regency Real Estate Brokers
Buyer's Agent
Philipe Delgado
Rector Inc
List Price
$949,000
Sold Price
$957,000
Premium/Discount to List
$8,000
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$187,950
Interest Rate
3.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 24, 2006
Sold by
Dysart Russell Cowden
Bought by
Dysart Russell Cowden and Dysart Sharon Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,989
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 3, 2006
Sold by
Centex Homes
Bought by
Dysart Russell Cowden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bhola Ali $1,575,000 Chicago Title Company
Wilson Geoffrey Joseph $957,000 California Title Company
Dysart Russell Cowden -- None Available
Dysart Russell Cowden $1,331,000 None Available
Dysart Russell Cowden -- Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhola Ali $1,260,000
Previous Owner Wilson Geoffrey Joseph $625,500
Previous Owner Dysart Russell Cowden $300,000
Previous Owner Dysart Russell Cowden $1,030,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $1,575,000 +5.0% $428 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $1,499,900 +56.7% $407 / Sq Ft
05/17/2013 05/17/13 Sold $957,000 +0.8% $273 / Sq Ft
02/15/2013 02/15/13 For Sale $949,000 -- $271 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,595 $1,704,830 $879,788 $825,042
2024 $22,595 $1,671,402 $862,537 $808,865
2023 $22,175 $1,638,630 $845,625 $793,005
2022 $22,030 $1,606,500 $829,044 $777,456
2021 $16,618 $1,088,727 $358,561 $730,166
2020 $16,386 $1,077,564 $354,884 $722,680
2019 $16,274 $1,056,436 $347,926 $708,510
2018 $16,251 $1,035,722 $341,104 $694,618
2017 $16,158 $1,015,414 $334,415 $680,999
2016 $16,118 $995,504 $327,857 $667,647
2015 $16,208 $980,551 $322,932 $657,619
2014 $16,312 $961,344 $316,606 $644,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21000976

California Regional Multiple Listing Service (CRMLS)

APN: 741-511-22